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The Prime minister, and his chancellor seem to think that there are only two categories of bank customers. Those who wish to borrow money, eg for mortgages or personal and business purposes, and those who repay said loans, but there is a third very important category those who wish to save money, and who thanks to the inept handling of the current fiscal situation are getting less and less return on capital. What can we savers do to get a better return on our hard earned savings?
To get a better return I think we should all threaten to take our monies out, then maybe they will think about us !!
Third mortgage loan of $24,250 to Matson Drive in Caledon. The percentage of the total loan to value represented by the mortgage is 94.7% on the appraised value. More at http://www.canadianfundingcorporation.com/
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You can not alter the contract, you have to refi and draw up a new one.
This is a remake of our first YouTube presentation and far more comprehensive. We show in Part I how we can reduce home owners monthly mortgage bill by 50% and cut the down payment for new buyers by 50% to 100%. We also reset these loans into 4 year commitments over today’s 30 year mortgage. These advantages will dramatically expand the scope of interested and qualified buyers for it is now cheaper to buy then to rent. This will also stagger the release of properties onto the market over a 4 year period rather than today’s wave of foreclosures. We have had to break up the presentation into 5 parts to keep within YouTubes time restraints. Hope you like what you have seen so far.
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I am renting a home that was filed for foreclosure by my landlord. He is currently in jail for mortgage fraud. A third party management company was hired by my landlord to collect rent. Can the management company file a judgment against me if I don’t pay my rent?
Yes, if they are authorized by the owner to receive the payments and manage the property, they can probably sue for an eviction or judgment for nonpayment of rent. They will do this on behalf of the owner of the property.
It’s never a good idea to enter into a voluntary agreement to pay rent and then fail to uphold your end of that agreement.
Jul 24 – Stocks had their second biggest drop of the year as worries about the housing sector, the impact of the subprime mess and general uneasiness over corporate profits sparked the retreat.The Dow crumbled 226 points to 13,716. The Nasdaq tumbled 50 points to 2,639. The S&P 500 lost 30 points to 1,511. Crude oil prices fell for the third consecutive session.
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I recently received a letter from them in the mail and was wondering if it was a legit business or if it is just a scam?
If anyone has had any past experience with them I would really appreciate the help.
Thanks in advance
OMG! PLEASE don’t deal with them! They are HORRIBLE to deal with and have made these last 6 months the worst of my life. Everything is fine until you actually sign with them, then the fraud and terrible customer service starts. They didn’t payoff our loans and mortgage when we refinanced for over 2 months after we signed closing paperwork. You can’t get anyone to answer the phone and they avoid you on purpose. We ended up owing our creditors 2 months of payments we shouldn’t have and had to make 2 mortgage payments at once. Full of lies! Beware!!!
http://www.eurointelligence.com/article.581+M5b5ae837605.0.html
Medicare -
http://www.news-medical.net/news/20100301/Medicare-cuts-to-doctors-payments-go-into-effect-today.aspx
Volcker -
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article7047420.ece
mortgages -
http://www.housingwire.com/2010/03/01/a-dark-day-for-the-mortgage-industry/?utm_source=rss&utm_medium=rss&utm_campaign=a-dark-day-for-the-mortgage-industry
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I own two properties outright (no mortgage) and am buying a third. I’d like to get cash heavy and diversify into some other investments. Can I get a single mortgage on my first two properties and this new one (thus purchasing the third property and getting a substantial amount of cash in pocket?).
Home equity lines have too high interest rates, and individual mortgages are to expensive to justify (the properties are worth $30-50k each so the closing fees are too high to be worth it).
I wish you could, as I have almost 30.
Each mortgage is attached to one piece of property. You need a separate loan for each title.
